Settings8H · net · $10k
Funding arb · Price arb /

XRP

all XRP markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bitget against Polymarket Perps−0.026%50s7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$290.291% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.025%+$2 on $10k
Price spread, last 4 days (all we have)−1.380%−$138 · spread now −0.026%, 7d avg −0.030%
Together, before fees−1.355%−$136 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps XRP-USD1.51120.0100pay 0.0013% / 1h58m 39s$42K$445K20x
ShortBitget XRPUSDT1.51080.0100get 0.0100% / 8h5h 58m$266.6M$379.1M125x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Polymarket Perps. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.026% → −0.030%
$0.39
Slippage, 4 orders
−$9.13
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$28.74
Costs to cover
0.291%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 4 min ago; Bitget: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 4 min ago0.99 bp8.0 bp −$811.0 bp −$110doesn't fitdoesn't fit
Sell Bitget live order book, 6 min ago0.33 bp6.3 bp −$67.7 bp −$7718.0 bp −$1,80528.5 bp −$14.2K

XRP on 50 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff XRP-PERP−0.0080%1h1.5118+0.040%$5K$3K20xas long as short
dYdX XRP-USD0.0000%1h1.5116+0.026%$1.1M$110K10xas long as short
Phoenix XRP0.0000%1h1.5140+0.185%$67K$110K15xas long as short
gTrade (Gains Network) XRP/USDL +0.0003% / S −0.0004%1h1.5112−0.001%$253K150xas long as short
GMX XRP/USD [ETH-USDC]L +0.0024% / S +0.0052%1h1.5111−0.004%$798K200xas long as short
Injective XRP/USDC PERP+0.0033%1h1.5560+2.965%$2K$107K30xas long as short
Orderly PERP_XRP_USDC+0.0074%8h1.5118+0.040%$62K$935K50xas long as short
01 Exchange XRPUSD+0.0088%1h1.5114+0.013%$8K$8K10xas long as short
Lighter XRP+0.0096%1h1.5114+0.012%$2.8M$14.4M20xas long as short
Lighter RH XRP+0.0096%1h1.5116+0.026%$508K$3.2M20xas long as short
Show all 50 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Katana Perps XRP-USD+0.0100%8h1.5107−0.033%$9K$305K20xas long as short
Nado XRP-PERP+0.0100%1h1.5111−0.003%$965K$5.9M20xas long as short
Hyperliquid XRP+0.0100%1h1.5125+0.086%$279.6M$220.1M20xas long as short
Aster XRPUSDT+0.0100%8h1.5114+0.013%$38.3M$83.1M100xas long as short
Pacifica XRP+0.0100%1h1.5114+0.013%$607K$1.1M20xas long as short
Binance XRPUSDT+0.0100%8h1.5116+0.029%$535.7M$2.09B100xas long as short
Bybit XRPUSDT+0.0100%8h1.5113+0.007%$340.8M$924.7M100xas long as short
OKX XRP-USDT-SWAP+0.0100%8h1.5109−0.020%$124.5M$861.7M100xas long as short
Ondo Perps XRP-USD.P+0.0100%1h1.5118+0.040%$563K$28K5xas long as short
Arcus XRP-USD+0.0100%1h1.5114+0.013%$114K$694K20xas long as short
Bulk XRP-USD+0.0100%1h1.5144+0.212%$1.6M$214K20xas long as short
Gate XRP_USDT+0.0100%8h1.5111−0.007%$367.0M$149.8M100xas long as short
MEXC XRP_USDT+0.0100%8h1.5113+0.007%$293.8M$889.2M300xas long as short
KuCoin XRPUSDTM+0.0100%8h1.5111−0.007%$106.5M$170.2M75xas long as short
Bitget XRPUSDTshort+0.0100%8h1.5108−0.026%$266.6M$379.1M125x
BingX XRP-USDC+0.0100%8h1.5110−0.013%$4.1Mas long as short
Variational Omni XRP+0.0100%8h1.5125+0.085%$6.2M$35.7Mas long as short
edgeX XRPUSDC+0.0100%4h1.5125+0.088%$657K$109.7M30xas long as short
GRVT XRP_USDT_Perp+0.0100%8h1.5132+0.131%$1.1M$36.5M20xas long as short
ApeX Omni XRPUSDT+0.0100%1h1.5131+0.126%$1.2M$1.0M50xas long as short
Vest XRP-PERP+0.0100%1h1.5115+0.017%$11K10xas long as short
Polymarket Perps XRP-USDlong+0.0100%1h1.5112long leg$42K$445K20x
Bullet XRP-USD+0.0100%1h1.51120.000%$41K$68K20xas long as short
Derive XRP-PERP+0.0100%1h1.5121+0.060%$814K$75K10xas long as short
SunX XRP-USDT+0.0100%8h1.5124+0.079%$127K$1.8M30xas long as short
SoDEX XRP-USD+0.0100%1h1.5119+0.046%$31K$1.7M10xas long as short
HTX XRP-USDT+0.0100%8h1.5106−0.040%$49.5M$15.3M75xas long as short
Phemex XRPUSDT+0.0100%8h1.5125+0.086%$53.9M$29.9M50xas long as short
Paradex XRP-USD-PERP+0.0100%8h1.5117+0.033%$471K$55K50xas long as short
Extended XRP-USD+0.0104%1h1.5108−0.027%$2.0M$6.9M50xas long as short
Aevo XRP-PERP+0.0104%1h1.5116+0.030%$58K$25K3xas long as short
Deribit XRP_USDC-PERPETUAL+0.0147%1h1.5123+0.073%$7.7M$25.1M50xas long as short
Reya XRPRUSDPERP+0.0214%1h1.5108−0.026%$1.3M$7K15xas long as short
Coinbase International XRP-PERP-INTX+0.0216%1h1.5124+0.079%$5.7M$46.2M50xas long as short
Backpack XRP_USDC_PERP+0.0267%1h1.5132+0.132%$1.9M$1.3M25xas long as short
Kraken Futures PF_XRPUSD+0.0274%1h1.5120+0.051%$14.5M$72.7M50xas long as short
Hibachi XRP/USDT-P+0.0328%1h1.5108−0.025%$17K$82K7xas long as short
Kalshi KXXRPPERP+0.0358%8h1.5129+0.112%$2.1M$35.1M2.9xas long as short
RISEx XRP/USDC+0.0484%1h1.5117+0.036%$526K$787K10xas long as short
Aftermath Perps XRPUSD+0.0759%1h1.5129+0.112%$2K$14K10xas long as short